i think the debt ceiling is a beautiful tool to get the president and congress to agree and to compromise and work things out and to bring down spending. i think that is right. it shouldn't be used to close down the country. that is just another tool, another political compromise in negotiations and it is a beautiful tool for that to bring the two sides together to bring out something that is good for all of us. bill: jerry nadler, a congressman from here in new york. he was the one said it was being used for political blackmail. that is where the comment came from. the debt ceiling has been in place since 1939. you have competing ideas, one on the house, john boehner said we'll raise the debt sealing a dollar for every dollar you cut spending. republicans out of pennsylvania, pat toomey you prioritize the bills you pay for long period of time. weeks and months. make sure the military is taken care of. >> sure. bill: would you back house idea or senate idea or neither? >> i think both are part of the negotiation strategy. i think john boehner's plan to bring down spending dollar for dolla